Remove Coal Remove Cost Remove Future Remove Oil Prices
article thumbnail

EIA projects increases in global energy consumption and emissions through 2050

Green Car Congress

According to the IEO2021 Reference case, which projects future energy trends based on current laws and regulations, renewable energy consumption has the strongest growth among energy sources through 2050. Oil and natural gas production will continue to grow, mainly to support increasing energy consumption in developing Asian economies.

Global 259
article thumbnail

Syngas Engages Rentech and GE for Clinton Coal and Biomass to Liquids Project in Australia

Green Car Congress

Australia’s Syngas Limited has engaged Rentech to provide Fischer-Tropsch fuels production preliminary engineering services for Syngas’ proposed commercial scale coal and biomass to liquids (CBTL) fuels facility in Southern Australia, known as the Clinton Project. Budget Level Cost Estimates for the FT Unit.

Coal 218
article thumbnail

IRENA report finds renewable power costs at parity or below fossil fuels in many parts of world

Green Car Congress

The cost of generating power from renewable energy sources has reached parity or dropped below the cost of fossil fuels for many technologies in many parts of the world, according to a new report released by the International Renewable Energy Agency (IRENA). Real weighted average cost of capital is 7.5% Source: IRENA.

Renewable 150
article thumbnail

Study projects emission impacts of inexpensive, efficient EVs: 36% further reduction in LDV GHG by 2050, or 9% economy-wide

Green Car Congress

They adapted cost and performance projections for LDV technologies from the National Research Council (2013) optimistic case. The model computes energy balances at all levels of an energy system from primary sources to energy services, supplies energy services at minimum total system cost, and balances commodities in each time period.

Emissions 150
article thumbnail

The $32-Trillion Push To Disrupt The Entire Oil Industry

Green Car Congress

And it has become clear that not only oil and gas giants are being targeted, after one of the world’s largest mining and commodity trading companies, Glencore, decided to put a limit on its thermal coal investment. This will, of course, come at a cost for energy-hungry regions or consumers.

Oil 231
article thumbnail

Biosyncrude Gasification Process Could Produce Motor Fuel at Cost of Around $3/gallon

Green Car Congress

A crude oil price of US$100/bbl results in an approximate cost of €0.56/L The biosyncrude is well suited for energy-dense storage and transport, resulting in lower transportation costs and large biomass delivery areas. This sustainable level probably is less than a quarter of the future transportation energy consumption.

Cost Of 150
article thumbnail

Researchers Suggest That Although CCS and Other Technologies Could Reduce Oil Sands GHG Emissions to Near Zero, That Strategy May Not Make Sense

Green Car Congress

The paper is an examination of how various choices about the scale of the life cycle analysis applied to oil sands (i.e., Bergerson and Keith pay particular attention to CCS, showing how divergent views about its cost effectiveness emerge from divergent choices about the scale of analysis. Why then the focus on oil sands?

Oil-Sands 225